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ImmuCell Announces a 12% Increase in Product Sales in Q2 of 2026 and a 21% Increase in the First Six Months of 2026, Based on Preliminary, Unaudited Sales Results

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ImmuCell (Nasdaq: ICCC) reported preliminary, unaudited Q2 2026 product sales of $7.2 million, up 11.5% year over year, driven by a 27.7% increase in domestic sales and a 38.9% decline in international sales.

For the first six months of 2026, total product sales were $17.5 million, a 20.9% increase versus 2025, with domestic sales up 32.5%. Tri-Shield® and Dual-Force® lines both grew. A conference call to discuss full Q2 2026 results is set for August 14, 2026.

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Positive

  • Total Q2 2026 product sales $7.2 million, up 11.5% year over year
  • First-half 2026 product sales $17.5 million, up 20.9% year over year
  • Q2 2026 domestic sales $6.2 million, up 27.7% year over year
  • First-half 2026 domestic sales $16.0 million, up 32.5% year over year
  • Tri-Shield First Defense Q2 2026 sales $4.9 million, up 8.3% year over year
  • Dual-Force and other Q2 2026 sales $2.3 million, up 19.1% year over year

Negative

  • Q2 2026 international sales $1.0 million, down 38.9% year over year
  • First-half 2026 international sales $1.6 million, down 35.7% year over year

Market reaction after preliminary Q2 2026 earnings report: ICCC -4.93% in the Jul 10 session

-4.93%
3 alerts
-4.93% Session close to close
-5.0% Trough Tracked
$96.17M Market Cap
0.9x Rel. Volume

In the Jul 10 session, ICCC declined 4.93%, reflecting a moderate negative market reaction. Argus tracked a trough of -5.0% from its starting point during tracking. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

Preliminary Q2 data showed total sales of $7.2 million, up 11.5%, with strong U.S. growth offset by ...
Analysis

Preliminary Q2 data showed total sales of $7.2 million, up 11.5%, with strong U.S. growth offset by weaker international demand. Prior sales updates have been well received, but ongoing international softness and execution on capacity expansion remain key watchpoints.

Key Figures

Q2 2026 total sales: $7.2 million Q2 2026 sales growth: 11.5% Q2 2026 domestic sales growth: 27.7% +5 more
8 metrics
Q2 2026 total sales $7.2 million Three months ended June 30, 2026
Q2 2026 sales growth 11.5% vs. three months ended June 30, 2025
Q2 2026 domestic sales growth 27.7% U.S. sales vs. Q2 2025
Q2 2026 international sales change (38.9%) International sales vs. Q2 2025
H1 2026 total sales $17.5 million Six months ended June 30, 2026
H1 2026 sales growth 20.9% vs. six months ended June 30, 2025
Dual-Force growth 23.8% Quarterly growth in more price-sensitive dairy segment
Tri-Shield growth 8.3% Quarterly growth for Tri-Shield First Defense sales

Historical Context

5 past events · Latest: May 14 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 14 Q1 2026 earnings Positive +8.0% Strong Q1 2026 growth with higher sales, margins and profitability.
May 07 Earnings call scheduling Neutral -5.0% Announcement of timing for Q1 2026 results and conference call.
Apr 13 Board restructuring Positive +8.7% New independent directors and creation of a Strategy and Technology Committee.
Apr 08 Q1 2026 sales update Positive +12.7% Preliminary Q1 2026 product sales up 28.4% year over year.
Mar 18 Board appointment Positive +1.8% Appointment of experienced industry executive Kathy Turner to the board.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent ImmuCell news, particularly sales updates and governance changes, has generally been followed by positive share-price reactions.

Key Terms

unaudited, forward-looking statements, safe harbor, neonatal calf diarrhea, +1 more
5 terms
unaudited financial
"announced preliminary, unaudited sales results for the second quarter"
"Unaudited" describes financial statements or reports that have not been examined or verified by an independent accountant or auditor. Because they haven't undergone this review, they may not be as reliable or accurate as audited reports, making them less certain for investors to rely on when assessing a company's financial health. Think of it as a preliminary estimate that could change once checked by an expert.
forward-looking statements regulatory
"Cautionary Note Regarding Forward-Looking Statements (Safe Harbor Statement)"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
safe harbor regulatory
"Cautionary Note Regarding Forward-Looking Statements (Safe Harbor Statement)"
Safe harbor is a rule that protects companies or individuals from legal trouble if they follow certain guidelines or procedures. It’s like having a safety net that allows them to act without fear of punishment, as long as they stick to the rules. This helps encourage honest behavior and clear standards in financial and legal activities.
neonatal calf diarrhea medical
"Scours (neonatal calf diarrhea) is one of the most prevalent"
Neonatal calf diarrhea is an illness that affects newborn calves, causing frequent watery stools that can quickly lead to dehydration, poor growth, and sometimes death if not treated. For investors, it matters because outbreaks reduce herd productivity, increase veterinary and replacement costs, and can disrupt milk and meat supply — similar to how a flu season can raise costs and lower output for a human workforce.
colostrum-derived medical
"Immediate Immunity™ through colostrum-derived, orally delivered antibodies"
Colostrum-derived describes products or ingredients obtained from colostrum, the nutrient- and antibody-rich first milk produced by mammals after birth. For investors, the label signals sourcing and regulatory considerations: these ingredients can command premium prices because of perceived health benefits, but they also bring questions about consistency, safety testing, manufacturing controls and supply limits that can affect product claims, approvals and profit margins.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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PORTLAND, Maine, July 09, 2026 (GLOBE NEWSWIRE) -- ImmuCell Corporation (Nasdaq: ICCC) (“ImmuCell” or the “Company”), an animal health biologics company that develops, manufactures and markets products to improve calf health and productivity, today announced preliminary, unaudited sales results for the second quarter of 2026.

“Total sales for the three months ended June 30, 2026 were $7.2 million, an 11.5% increase compared to the three months ended June 30, 2025, driven by a 27.7% increase in domestic sales compared to 2025,” said Timothy Fiori, Chief Financial Officer of ImmuCell. “Our growth in the second quarter is particularly significant given the challenging comparison with the second quarter of 2025, when ImmuCell recorded substantial sales from distributors replenishing inventory following an extended period of backorders. International sales in the three months ended June 30, 2026 declined $0.6 million, or 38.9% compared to 2025; however, we believe that end-customer demand remains strong, particularly in Canada. Total sales for the six months ended June 30, 2026 were $17.5 million, a 20.9% increase compared to the six months ended June 30, 2025.”

“We achieved another strong sales quarter, supported by excellent product availability and robust demand in the U.S. for our products,” commented Olivier te Boekhorst, President and CEO. “During the quarter, we directed our commercial efforts toward year-round dairy customers. This more price-sensitive segment generated demand resulting in 23.8% growth of Dual-Force® and 8.3% growth of Tri-Shield®. The expansion of our commercial team is contributing to increased customer acquisitions in that segment.”

Management looks forward to discussing revenue drivers and complete financial results on a conference call on Friday, August 14, 2026 at 9:00 AM ET.

Preliminary, Unaudited Sales Results

Three Months Ended June 30,20262025$ Increase
($ Decrease)
% Increase
(% Decrease)
     
Total Product Sales$7.2 million$6.4 million$0.7 million11.5%
     
Domestic Sales$6.2 million$4.9 million$1.4 million27.7%
International Sales$1.0 million$1.6 million($0.6 million)(38.9%)
     
Tri-Shield First Defense® Sales$4.9 million$4.5 million$0.4 million8.3%
Dual-Force® and Other Sales$2.3 million$1.9 million$0.4 million19.1%


Preliminary, Unaudited Sales Results

Six Months Ended June 30,20262025$ Increase
($ Decrease)
% Increase
(% Decrease)
     
Total Product Sales$17.5 million$14.5 million$3.0 million20.9%
     
Domestic Sales$16.0 million$12.0 million$3.9 million32.5%
International Sales$1.6 million$2.5 million($0.9 million)(35.7%)
     
Tri-Shield First Defense® Sales$12.8 million$10.2 million$2.6 million25.1%
Dual-Force® and Other Sales$4.8 million$4.3 million$0.5 million10.9%


Conference Call:
The Company is planning to host a conference call on Friday, August 14, 2026 at 9:00 AM ET to discuss the unaudited financial results for the quarter ended June 30, 2026. Interested parties can access the conference call by dialing (844) 855-9502 (toll free) or (412) 317-5499 (international) at 9:00 AM ET. A teleconference replay of the call will be available until August 21, 2026 at (855) 669-9658 (toll free) or (412) 317-0088 (international), utilizing replay access code #8659150.

About ImmuCell:
ImmuCell Corporation (Nasdaq: ICCC) is an animal-health biologics company that operates in the fast-growing market for calf health solutions. It develops, manufactures and commercializes the First Defense® line of products that provides Immediate Immunity™ through colostrum-derived, orally delivered antibodies against the principal viral and bacterial causes of scours. Scours (neonatal calf diarrhea) is one of the most prevalent and deadly diseases in neonatal calves worldwide. Press releases and other information about the Company are available at: http://www.immucell.com/investors

Cautionary Note Regarding Forward-Looking Statements (Safe Harbor Statement):

This Press Release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts and will often include words such as “expects”, “may”, “anticipates”, “aims”, “intends”, “would”, “could”, “should”, “will”, “plans”, “believes”, “estimates”, “targets”, “projects”, “forecasts”, “seeks” and similar words and expressions. Such statements include, but are not limited to, any forward-looking statements relating to: our plans, goals and strategies for our business; projections of future financial or operational performance; future demand for our products, including the First Defense® product line; future effects from our prior recovery from production backlogs; future consequences and effectiveness of our investments in our business, including the hiring of new sales personnel; and any other statements that are not historical facts. These statements are intended to provide management’s current expectation of future events as of the date of this press release, are based on management’s estimates, projections, beliefs and assumptions as of the date hereof; and are not guarantees of future performance. Such statements involve known and unknown risks and uncertainties that may cause the Company’s actual results, financial or operational performance or achievements to be materially different from those expressed or implied by these forward-looking statements, including, but not limited to, those risks and uncertainties relating to: competition within our anticipated product markets, customer acceptance of our new and existing products, uncertainty associated with the timing and volume of customer orders as we come out of a prolonged backlog, commercial and operational risks relating to our current and planned expansion of production capacity, and other risks and uncertainties detailed from time to time in filings we make with the Securities and Exchange Commission (SEC), including our Quarterly Reports on Form 10-Q, our Annual Reports on Form 10-K and our Current Reports on Form 8-K. Such statements involve risks and uncertainties and are based on our current expectations, but actual results may differ materially due to various factors, including the risk factors summarized under PART II: OTHER INFORMATION, ITEM 1A-RISK FACTORS and uncertainties otherwise referred to in the Annual Report. In addition, there can be no assurance that future risks, uncertainties or developments affecting us will be those that we anticipate. We undertake no obligation to update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Contacts:         

Olivier te Boekhorst, President and CEO
Timothy C. Fiori, Chief Financial Officer
ImmuCell Corporation              
investor.relations@immucell.com                            

Joe Diaz, Robert Blum and Joe Dorame
Lytham Partners, LLC                         
iccc@lythampartners.com


FAQ

How did ImmuCell (Nasdaq: ICCC) perform in Q2 2026?

ImmuCell reported preliminary Q2 2026 product sales of $7.2 million, up 11.5% year over year. According to ImmuCell, growth was led by a 27.7% increase in domestic sales, while international sales declined 38.9% compared to Q2 2025.

What were ImmuCell (ICCC) product sales for the first half of 2026?

ImmuCell reported first-half 2026 total product sales of $17.5 million, a 20.9% increase versus 2025. According to ImmuCell, domestic sales reached $16.0 million, up 32.5%, while international sales were $1.6 million, down 35.7% year over year.

How did ImmuCell’s Tri-Shield First Defense sales change in Q2 2026?

ImmuCell’s Tri-Shield First Defense sales reached $4.9 million in Q2 2026, an 8.3% increase year over year. According to ImmuCell, first-half 2026 Tri-Shield sales totaled $12.8 million, up 25.1% compared to the same period in 2025.

What was the trend in ImmuCell (ICCC) domestic vs. international sales in Q2 2026?

ImmuCell’s Q2 2026 domestic sales were $6.2 million, up 27.7%, while international sales were $1.0 million, down 38.9%. According to ImmuCell, domestic demand and improved product availability supported growth, but international revenue declined compared to Q2 2025.

When is ImmuCell’s Q2 2026 earnings conference call and how can investors join?

ImmuCell plans to host its Q2 2026 conference call on Friday, August 14, 2026, at 9:00 AM ET. Investors can participate by dialing (844) 855-9502 in the U.S. or (412) 317-5499 internationally, with a replay available until August 21, 2026.

How did ImmuCell’s Dual-Force and other product sales perform in Q2 2026?

ImmuCell’s Dual-Force and other product sales were $2.3 million in Q2 2026, up 19.1% year over year. According to ImmuCell, first-half 2026 Dual-Force and other sales reached $4.8 million, reflecting a 10.9% increase compared to the first six months of 2025.